Exelon Corporation (NYSE:EXC) has climbed 0.14% in the past week and advanced 1.11% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.35% and the outperformance has advanced to 0.19% for the last 4 weeks period.
Exelon Corporation (NYSE:EXC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.08 and $34.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.65, notching a gain of 1.29% for the day. The total traded volume was 7,031,862 . The stock had closed at $34.21 on the previous day.
The company shares have rallied 3.34% from its 1 Year high price. On May 6, 2016, the shares registered one year high at $35.95 and the one year low was seen on Dec 14, 2015. The 50-Day Moving Average price is $34.67 and the 200 Day Moving Average price is recorded at $31.96.
On the companys insider trading activities, Butler Calvin Jr, officer (CEO, BGE) of Exelon Corp, unloaded 5,000 shares at an average price of $32.42 on February 8, 2016. The total amount of the transaction was worth $162,100, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Deutsche Bank downgrades their rating on the shares of Exelon Corporation (NYSE:EXC). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. Equity Analysts at the Firm raises the price target to $36 per share from $34 per share. The rating by the firm was issued on April 18, 2016. Currently the company Insiders own 0.8% of Exelon Corporation shares according to the proxy statements. Institutional Investors own 76.56% of Exelon Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -19.61%.
Exelon Corporation (Exelon) is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLCs (Generation) six marketing segments, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO) and Baltimore Gas and Electric Company (BGE). Generations business consists of the generation, physical delivery and marketing of power across geographical regions. ComEds business consists of the purchase and regulated retail sale of electricity and the provision of electricity transmission and distribution services to retail customers. PECOs business consists of the purchase and regulated retail sale of electricity and the provision of electricity distribution and transmission services. BGEs business consists of the purchase and regulated retail sale of electricity and natural gas and the provision of electricity distribution and transmission and gas distribution services.